Defense Production Act Determination for Strategic Materials
💰 Economy · First Term (2017–2021) · 🤖 AI-categorized
On June 15, 2017, the Trump administration issued a Presidential Determination under Section 4533(a)(5) of the Defense Production Act of 1950, identifying strategic materials as essential to national defense. The determination authorized the federal government to prioritize and allocate supplies of these materials to support defense production. The direct impact was to grant the government authority to requisition or prioritize allocation of designated materials from domestic suppliers for military and defense purposes.